Iuoe Local 25 Marine Division Medical Plan
Iuoe Local 25 Marine Division Medical Plan consistently grows assets with zero reported officer compensation.
EIN: 131931288 · Millstone, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $22.3M |
| Total Expenses | $16.1M |
| Program Spending | 95% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $56.9M |
| Transparency Score | 90/100 |
Is Iuoe Local 25 Marine Division Medical Plan Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Iuoe Local 25 Marine Division Medical Plan directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Iuoe Local 25 Marine Division Medical Plan
Iuoe Local 25 Marine Division Medical Plan (EIN: 131931288) is a nonprofit organization based in Millstone, NJ. The organization reported total revenue of $22.3M and total assets of $63.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iuoe Local 25 Marine Division Medical Plan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iuoe Local 25 Marine Division Medical Plan is a large nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $26.2M |
| Total Expenses | $16.1M |
| Surplus / Deficit | +$10.1M |
| Total Assets | $57.1M |
| Total Liabilities | $225K |
| Net Assets | $56.9M |
| Operating Margin | 38.4% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 42.5 months |
Financial Health Grade: A
In 2023, Iuoe Local 25 Marine Division Medical Plan reported a surplus of $10.1M with revenue exceeding expenses, holds 42.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Iuoe Local 25 Marine Division Medical Plan's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.2% | -4.6% | +18.9% |
| 2022 | -6.5% | -17.6% | +0.4% |
| 2021 | -1.8% | +19.5% | +12.4% |
| 2020 | +11.4% | -9.7% | +32.8% |
| 2019 | +2.2% | +9.7% | +24.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Iuoe Local 25 Marine Division Medical Plan with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Iuoe Local 25 Marine Division Medical Plan allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization with revenues exceeding $20 million annually and suggests a volunteer leadership structure or that compensation is handled through a related entity not reflected here.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Iuoe Local 25 Marine Division Medical Plan's IRS 990 filings:
- NTEE Code is unknown, limiting precise categorization and comparative analysis.
Strengths
The following positive indicators were identified for Iuoe Local 25 Marine Division Medical Plan:
- Consistent asset growth, from $17.2M in 2014 to $57.1M in 2023, demonstrating strong financial management.
- Zero reported officer compensation across all filings, indicating high dedication of funds to mission.
- Very low liabilities relative to assets, suggesting strong financial stability.
- Consistent surplus of revenue over expenses, contributing to healthy reserves.
- Regular IRS 990 filings over 13 periods, indicating good compliance and transparency.
Frequently Asked Questions about Iuoe Local 25 Marine Division Medical Plan
Is Iuoe Local 25 Marine Division Medical Plan a legitimate charity?
Based on AI analysis of IRS 990 filings, Iuoe Local 25 Marine Division Medical Plan (EIN: 131931288) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Iuoe Local 25 Marine Division Medical Plan spend its money?
Iuoe Local 25 Marine Division Medical Plan directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Iuoe Local 25 Marine Division Medical Plan tax-deductible?
Iuoe Local 25 Marine Division Medical Plan is registered as a tax-exempt nonprofit (EIN: 131931288). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Iuoe Local 25 Marine Division Medical Plan CEO make?
Iuoe Local 25 Marine Division Medical Plan's highest-compensated officer earns $20 annually. The organization reported $22.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Iuoe Local 25 Marine Division Medical Plan located?
Iuoe Local 25 Marine Division Medical Plan is headquartered in Millstone, New Jersey and files with the IRS under EIN 131931288.
How many years of IRS 990 filings does Iuoe Local 25 Marine Division Medical Plan have?
Iuoe Local 25 Marine Division Medical Plan has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $22.3M in total revenue.
What is the primary purpose of Iuoe Local 25 Marine Division Medical Plan?
Based on its name and financial structure, it is highly likely that the organization's primary purpose is to provide medical benefits to members of the Iuoe Local 25 Marine Division.
How has the organization's financial health changed over the past decade?
The organization's financial health has significantly improved, with assets growing from $17,235,730 in 2014 to $57,125,455 in 2023, and liabilities remaining very low relative to assets.
Does the organization pay its officers?
No, the organization consistently reports 0% officer compensation across all 13 available IRS 990 filings, indicating no direct salaries are paid to its officers.
Is the organization accumulating excessive reserves?
While assets have grown substantially, from $17.2M in 2014 to $57.1M in 2023, this accumulation may be appropriate for a medical plan to ensure long-term solvency and cover future benefit obligations, especially given the nature of healthcare costs.
Filing History
IRS 990 filing history for Iuoe Local 25 Marine Division Medical Plan showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Iuoe Local 25 Marine Division Medical Plan's revenue has grown by 116.3%, moving from $12.1M to $26.2M. Total assets increased by 450.3% over the same period, from $10.4M to $57.1M. Total functional expenses rose by 29%, from $12.5M to $16.1M. In its most recent filing year (2023), Iuoe Local 25 Marine Division Medical Plan reported a surplus of $10.1M, with revenue exceeding expenses. The organization holds $225K in liabilities against $57.1M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $56.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $26.2M | $16.1M | $57.1M | $225K | — | — |
| 2022 | $23.4M | $16.9M | $48.0M | $298K | — | View 990 |
| 2021 | $25.0M | $20.5M | $47.9M | $47K | — | View 990 |
| 2020 | $25.5M | $17.2M | $42.6M | $1.1M | — | View 990 |
| 2019 | $22.9M | $19.0M | $32.1M | $48K | — | View 990 |
| 2018 | $22.4M | $17.3M | $25.9M | $84K | — | View 990 |
| 2017 | $20.1M | $18.2M | $21.6M | $195K | — | View 990 |
| 2016 | $18.4M | $17.5M | $18.9M | $51K | — | View 990 |
| 2015 | $19.1M | $19.1M | $17.3M | $80K | — | View 990 |
| 2014 | $19.7M | $16.1M | $17.2M | $39K | — | View 990 |
| 2013 | $16.3M | $13.3M | $14.3M | $160K | — | View 990 |
| 2012 | $13.7M | $13.1M | $11.0M | $70K | — | View 990 |
| 2011 | $12.1M | $12.5M | $10.4M | $71K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $26.2M, expenses of $16.1M, and assets of $57.1M (revenue +12.2% year-over-year).
- 2022: Revenue of $23.4M, expenses of $16.9M, and assets of $48.0M (revenue -6.5% year-over-year).
- 2021: Revenue of $25.0M, expenses of $20.5M, and assets of $47.9M (revenue -1.8% year-over-year).
- 2020: Revenue of $25.5M, expenses of $17.2M, and assets of $42.6M (revenue +11.4% year-over-year).
- 2019: Revenue of $22.9M, expenses of $19.0M, and assets of $32.1M (revenue +2.2% year-over-year).
- 2018: Revenue of $22.4M, expenses of $17.3M, and assets of $25.9M (revenue +11.3% year-over-year).
- 2017: Revenue of $20.1M, expenses of $18.2M, and assets of $21.6M (revenue +9.2% year-over-year).
- 2016: Revenue of $18.4M, expenses of $17.5M, and assets of $18.9M (revenue -3.7% year-over-year).
- 2015: Revenue of $19.1M, expenses of $19.1M, and assets of $17.3M (revenue -3.2% year-over-year).
- 2014: Revenue of $19.7M, expenses of $16.1M, and assets of $17.2M (revenue +20.8% year-over-year).
- 2013: Revenue of $16.3M, expenses of $13.3M, and assets of $14.3M (revenue +19.6% year-over-year).
- 2012: Revenue of $13.7M, expenses of $13.1M, and assets of $11.0M (revenue +12.8% year-over-year).
- 2011: Revenue of $12.1M, expenses of $12.5M, and assets of $10.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iuoe Local 25 Marine Division Medical Plan:
Data Sources and Methodology
This transparency report for Iuoe Local 25 Marine Division Medical Plan is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.